Wednesday, August 28, 2019 - 12:53pm

SubPrime Auto Finance News Staff

One of the most frequent guests on the Auto Remarketing Podcast is back for another episode. DRN’s Jeremiah Wheeler recapped his TED-style presentation during this summer’s Auto Intel Summit along with looking ahead to Used Car Week, which begins on Nov. 11 in Las Vegas. The full discussion can be found... Read More

Wednesday, August 28, 2019 - 11:52am

SubPrime Auto Finance News Staff

One of the regular contributors published within SubPrime Auto Finance News is taking on another industry responsibility. Linda Robertson, executive director of the Association of Dealership Compliance Officers (ADCO), announced on Wednesday that Randy Henrick has joined ADCO’s board of directors. A highly... Read More

Wednesday, August 28, 2019 - 11:50am

SubPrime Auto Finance News Staff

Your finance company's underwriting department should be quite busy during the next few days if the newest research from WalletHub is any indication. Despite business headlines chronicling the travails of the stock market and international trade clashes, WalletHub projected that 77.5 million new- and used-vehicle... Read More

Tuesday, August 27, 2019 - 10:17am

SubPrime Auto Finance News Staff

Younger consumers are paying more for vehicle repairs than their older counterparts, according to a survey orchestrated by Ally Financial, which also reinforced the value of vehicle service contracts. A recent Ally survey conducted online by The Harris Poll among 2,012 U.S. adults determined that, on average, Americans... Read More

Monday, August 26, 2019 - 10:58am

SubPrime Auto Finance News Staff

Universal Lenders recently announced the integration of its ZERO Plan program with the entire suite of Darwin Automotive F&I and digital retailing software solutions. The companies explained this integration partnership will allow Darwin’s dealer clients access to premium finance all F&I products,... Read More

Monday, August 26, 2019 - 10:57am

SubPrime Auto Finance News Staff

At its recent User Summit, DealerSocket lauched a new integration between the software company’s Precise Price digital retailing solution and F&I Express’ network of approximately 160 F&I product providers. The companies highlighted this new combination can enable an even more accurate and intuitive... Read More

Friday, August 23, 2019 - 11:05am

SubPrime Auto Finance News Staff

For the second time this month, the Justice Department announced prison punishments for charges related to fraudulent auto financing. Not long after getting a judge to sentence a Wisconsin man in connection with a Ponzi scheme fueled by luxury vehicles, officials announced details involving seven defendants for their... Read More

Friday, August 23, 2019 - 11:04am

SubPrime Auto Finance News Staff

Consumer Portfolio Services is leveraging technology to improve both decisioning on applications that arrive from dealers as well as the finance company’s evaluation of those stores where those potential originations first surface. CPS shared in a message with SubPrime Auto Finance News that this month the company... Read More